Auditors are required to reference consistency in their report when there are changes in
A)Accounting estimates.
B)The format of the Statement of Cash Flows.
C)The classification of financial statement amounts.
D)Accounting principles.

Question

Quizplus · Accepted Answer

Auditors are required to reference consistency in their report when there are changes in accounting principles. Accounting estimates, the format of the Statement of Cash Flows, and the classification of financial statement amounts may all change from period to period without necessarily affecting consistency.

Auditors Are Required to Reference Consistency in Their Report When